innovation (/ˌɪn.əˈveɪ.ʃən/)
noun · Intermediate · Work & Business
🔊 /ˌɪn.əˈveɪ.ʃən/
Meaning
Meaning: new idea or method
A new idea, method, or product, or the process of creating and introducing such new things.
Examples
🗣 The company is known for innovation, releasing a clever new product almost every single year.
Etymology
From Latin ‘innovatio’, from ‘innovare’ (to renew), from ‘in-‘ plus ‘novus’ (new).
How & Where It’s Used
Used in business, technology, and policy to describe positive change.
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Tags: business, technology